Daiwa House Logistics Trust plans sale of DPL Sendai Port to sponsor for JPY 13.5 billion

PUBT · 1d ago
Daiwa House Logistics Trust plans sale of DPL Sendai Port to sponsor for JPY 13.5 billion
  • Daiwa House Logistics Trust plans to sell DPL Sendai Port to sponsor Daiwa House Industry for JPY 13.5 billion.
  • Proceeds will partly fund the acquisition of freehold DPL Hiroshima Itsukaichi Port for JPY 8.24 billion, a 16.7% discount to valuation.
  • Sendai Port’s occupancy fell to 31.9% as of September 30, 2026; the fully occupied Hiroshima property would lift portfolio occupancy to 96.9%.
  • The transactions would increase distribution per unit by 5.5% for FY2025 and 11% for first-half FY2026 on a pro forma basis.
  • Pro forma aggregate leverage would fall from 40.1% to 38.3%; the proposed divestment requires unitholder approval.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Daiwa House Logistics Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: TAW60SX7TA50KV3H) on October 30, 2026, and is solely responsible for the information contained therein.